BUSI 604 Key Term Developing Nations

﻿Key Term and InterestFor this week's discussion board, the student has chosen the key concept "developing nation" to research. The student was particularly intrigued to learn more about how these developing nations have succeeded with small businesses within their countries, as well as learning more about how much these nations are behind in economic, technological, and education growth. In this discussion, the student will also discuss the standards and motivation of the workforce of developing nations in comparison to developed nations. Explanation of Key Term

The key concept “developing nation” is the term used to describe a country with a low level of material well-being. A developing nation is also considered to be a third world nation, where poverty and disease run rampant, education is nearly nonexistent, and life expectancy is very low (Satterlee, 2009, pg. 88). Along with that explanation, developing nations also typically have a Human Development Index of less than 0.5 according to the Human Development Reports office. In comparison to developed nations, the population growth of developing nations is very high, with about two-thirds of the world's population stemming from developing nations. Major Article Summary

In conducting further research on developing nations, the student focused more on learning about educational growth in these nations, which also had an impact on the business and technological growth in them as well. In an article written by Rossana Patron, titled “Public education in developing countries: Cost-effectiveness of education policies and endowments growth”, it was brought to light the inflow of new workers being dominated by unskilled labor due to high incidence of early dropouts in primary and secondary education (2011, pg. 329). Developing countries also suffered a higher rate of poor performance at fundamental levels of education, due to low quality educational standards being taught. This is turn caused a higher rate...

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DevelopingNations Introduction
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DevelopingNations Chapter 2:Will Globalization Harm DevelopingNations?
DevelopingNations Chapter 3: Should Industrialized Nations Play an Active Role in the Developing World?
DevelopingNations Chapter 4: Can Democracy Succeed in DevelopingNations?
DevelopingNations Organizations to Contact
DevelopingNations Bibliography
Introduction
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Any discussion of developingnations involves a host of contentious issues, beginning with a debate over terminology. For example, developingnations are also sometimes referred to as “Third World” nations. This term was introduced by French demographer Alfred Sauvy in 1952 to distinguish countries that had achieved colonial independence after World War II and were no longer aligned with either the United States and its allies (the First World) or the Soviet Union and its allies (the Second World). With the...

...Throughout history there have been many significant events and people. These events and people were the foundation for the development of a nation. The obstacles that were faced by those that settled and developed America were not only on unknown soil but were centered on the unknown in general. During the 17th, 18th, and 19th centuries there were people and events which I believe influenced history and were turning points in the development of a great nation.
A significant point in history which occurred during the 17th century was in 1607 when Jamestown was settled along the Chesapeake Bay. Jamestown was sponsored by the Virginia Company which was seeking to expand European nations and find an acceptable route to the Orient. Problems for the settlers began shortly after establishing the colony. Relations with the Indians led by Powhatan were extremely weak. Additionally, the settlers were not prepared for the climate which they ventured into and were unprepared for their first winter in Jamestown. Supplies were limited and the settlers were mostly upper class Englishmen which were unfamiliar with farming techniques. The settlers at one point abandoned Jamestown to return to England but were persuaded to return to Jamestown when they were intercepted by ships carrying additional manpower and supplies. This event is significant because if the settlers had not been persistent and willing to experience further difficulties the...

...APUSH KeyTerms Ch. 25
1. Jane Addams the founder of Hull House, which provided English lessons for immigrants, daycares, and child care classes
2. Florence Kelley reformer who worked to prohibit child labor and to improve conditions for female workers
3. Mary Baker Eddy founder of Christian Science in 1866 (1821-1910)
4. Walter Rauschenbusch New York clergyman who preached the social gospel, worked to alleviate poverty, and worked to make peace between employers and labor unions.
5. Dwight Lyman Moody Protestant evangelist, Gospel of kindness and forgiveness, created the Moody Bible Institute
6. Emma Lazarus Wrote the poem on the base of the Statue of Liberty "The New Colossus"
7. Louis Agassiz United States naturalist (born in Switzerland) who studied fossil fish
8. James Gibbons leader of the Church in the U.S. who most forcefully took on the causes of workers
9. Booker T. Washington African American progressive who supported segregation and demanded that African American better themselves individually to achieve equality.
10. W. E. B. Du Bois fought for African American rights. Helped to found Niagara Movement in 1905 to fight for and establish equal rights. This movement later led to the establishment of the NAACP
11. George Washington Carver United States botanist and agricultural chemist who developed many uses for peanuts and soy beans and sweet potatoes (1864-1943)
12. Charles W. Eliot President of...

...important for countries for hundreds of years as it opens up billions of dollars for nations, as well as new resources and technology. (Economy Watch 2010, P.1) Countries trade when on their own; they do not have the resources or ability to satisfy their wants and needs. They produce a surplus of a certain resource and trade it for something they need. (Heakel 2003, P.1) Countries have different resources from which they can trade and this is why there is a divide between trade being beneficial for countries or not. Free trade should guarantee the most efficient allocation of resources and the cheapest prices for consumers. It is believed that some countries have more of an advantage to free trade than others based on climate, natural resources and geographical features. (Dixit, Norman 2002, P.5-6) Free Trade allows everyone equal access to all markets, countries who are involved should experience rising living standards, increased incomes and higher rates of economic growth. (Hill 2011, P.168)Free trade virtues have been praised for three hundred years. But can such a theory work in practise? Specifically, could it help the least developed countries of the world provide themselves with a better quality of life? Increasing poverty and unemployment figures reveal that free trade is not always beneficial. Therefore I will pay special attention to the victims of free trade, in this case many developing countries. For most part these are...

...Developing countries face a vast range of problems. One of the problems they face is a low standard of living. With the exception of small elite groups the people in these countries have low incomes, inadequate housing, poor health, limited education, high infant mortality, and low life expectancies.
Low levels of living and low production go hand-in-hand. If a country doesnt produce a lot of goods and services, it cant consume them either. Poor nutrition during childhood can hinder mental and physical development which creates low productivity.
These countries face a high dependency burden rate. This means that there is a relatively large portion of the population that is unable to produce and depend on others to produce for them. These people include children and the elderly.
The dependence on agriculture is another problem facing developing countries. With low levels of technology and knowledge the farmers can barely produce enough food to provide for their families. If anything is left over then they may trade with a neighbor in exchange for clothing or other essentials.
Present developing countries differ from current more developed countries in their earlier periods of development in many ways. Developing countries today dont have the abundance of resources that current developed nations had during their development. Todays developing countries also dont have the educated...

...Axia College Material
Appendix A
Key Computer Terms CheckPoint
Definitions and Usage of Information Technology Infrastructure Components and Technologies
The following terms are examples of information technology infrastructure components and technologies used in business. Research definitions using the Internet. You will write a definition of each term and provide at least two examples of the component or technology. Provide citations and references for all resources.
|Term |Definition |References |Examples |
| | | |(At least two) |
|Hardware |Physical parts of a computer system |http://www.techterms.com/def|Monitor and mouse |
| | |inition/hardware | |
|Software |Programs and applications that run |http://www.techterms.com/def|Internet Explorer and |
| |on computer |inition/software |Microsoft Office |
|Data management technology |Computer software solution designed |http://doups3.hubpages.com/h|Online banking and ITunes |
|...

...﻿Business keyterms
Business: an active that requires the organisation of resources to achieve a reward, whilst running a risk.
Entrepreneur: an individual with an idea for a business.
Franchise: the legal right to use the name and logo of an existing firm and sell the same products/services.
Franchiser- the person selling it, for example, Macdonald’s.
Franchisee- the person buying it, for example asda’s.
Social enterprise: an activity that achieves a reward for a society.
Aim: A stated target for the future. E.g. a new business might have the aim to survive its first year of trading.
A business objective: A clearly defined target that the organisation sets itself to achieve over a certain period of time. Helps achieve the overall aim.
Stakeholders: An individual or group interest in a business e.g. shareholders, owners, customers, competitors, employees.
Risk: the potential for loss but rewards in business make it a calculated gamble.
Uncertainty: Not knowing the future or what is going to happen.
Sole traders: The simplest form of business is typically an individual operating alone- a sole trader. However, a sole trader can actually employ people and still be classified as a sole trader. The important fact is that only one person is responsible for everything.
Partnership: In a partnerships two are more people (max 20) share risk, cost and responsibilities. The partners take shares in the profits and a share of the decision...